News Archives - Insurance Journal

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2 08, 2024

Miami’s ‘Impossible’ Traffic Mess Shows Strains of Booming South

By | August 2nd, 2024|Uncategorized|Comments Off on Miami’s ‘Impossible’ Traffic Mess Shows Strains of Booming South

Former reality TV star Fredrik Eklund zips up and down Miami in a lilac Rolls-Royce with a turquoise interior, hunting for multi-million-dollar homes for the rich and powerful. That is, when he’s not stuck in the gridlock. Eklund, 47, is …

29 07, 2024

People Moves: Gov. Moore Appoints Grant as Next Maryland Insurance Commissioner

By | July 29th, 2024|Uncategorized|Comments Off on People Moves: Gov. Moore Appoints Grant as Next Maryland Insurance Commissioner

Maryland Governor Wes Moore has named Marie Grant, an attorney with nearly 20 years of experience in insurance and health care policy and regulation, as his state’s next insurance commissioner. Grant currently serves as assistant secretary for health policy at …

2 08, 2024

Ambac Completes Buy of Majority Stake in London’s Beat Capital Partners

By | August 2nd, 2024|Uncategorized|Comments Off on Ambac Completes Buy of Majority Stake in London’s Beat Capital Partners

Ambac Financial Group said it has completed the acquisition of a 60% controlling stake in London-based Beat Capital Partners for about $282 million, up to $40 million of which will be paid in shares of Ambac common stock. The deal …

30 07, 2024

Rebuilding Rome, Upstate New York City Looking Forward After Destructive Tornado

By | July 30th, 2024|Uncategorized|Comments Off on Rebuilding Rome, Upstate New York City Looking Forward After Destructive Tornado

A tornado that hit this small, upstate city tore off rooftops, leveled brick buildings and toppled the steeples of two historic churches. No one was killed, but the twister left a debris-strewn scar through downtown and nearby areas. More than …

2 08, 2024

Boar’s Head Hit With Consumer Lawsuit After Deli Meat Recall Over Listeria Concerns

By | August 2nd, 2024|Uncategorized|Comments Off on Boar’s Head Hit With Consumer Lawsuit After Deli Meat Recall Over Listeria Concerns

Boar’s Head Provisions was hit with a proposed consumer class action lawsuit in New York federal court on Thursday, a day after it expanded its recall to more than seven million pounds of deli meats and other products over concerns …

30 07, 2024

California Workers’ Comp Report Shows ‘Relatively Stable’ System Post-Pandemic

By | July 30th, 2024|Uncategorized|Comments Off on California Workers’ Comp Report Shows ‘Relatively Stable’ System Post-Pandemic

The California workers’ compensation system has been relatively stable in the post-pandemic era, as premium levels rose by 1% in 2023 and are forecast to increase modestly in 2024—while decreases in average insurer charged rates are moderating, a new report …

2 08, 2024

Exxon Delays Golden Pass LNG to Late 2025 on Contractor Dispute

By | August 2nd, 2024|Uncategorized|Comments Off on Exxon Delays Golden Pass LNG to Late 2025 on Contractor Dispute

Exxon Mobil Corp. and QatarEnergy delayed the start of a $10 billion natural gas export project in Texas to the end of next year after lead contractor Zachry Holdings Inc. declared bankruptcy. The companies agreed other contractors could finish work …

30 07, 2024

Fires in The West Are Becoming Ever Bigger, Consuming. Why and What Can Be Done?

By | July 30th, 2024|Uncategorized|Comments Off on Fires in The West Are Becoming Ever Bigger, Consuming. Why and What Can Be Done?

Decades of snuffing out fires at the first sign of smoke combined with climate change have laid the groundwork for a massive wildfire in northern California and scores of smaller ones across the western U.S. and Canada, experts say. These …

2 08, 2024

Texas Assisted Living Facility Sued for Firing Worker With Sleep Disorder

By | August 2nd, 2024|Uncategorized|Comments Off on Texas Assisted Living Facility Sued for Firing Worker With Sleep Disorder

VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, violated federal law when it denied an employee an accommodation for her sleep disorder and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC) charged in …

30 07, 2024

Utility Regulators Cite Natural Gas Company in Fatal 2021 Blast in Pennsylvania

By | July 30th, 2024|Uncategorized|Comments Off on Utility Regulators Cite Natural Gas Company in Fatal 2021 Blast in Pennsylvania

State utility regulators have filed a complaint against a natural gas provider alleging safety violations in connection with an explosion in a central Pennsylvania borough that killed one person and injured several others three years ago. The 22-count complaint filed …